Coastal Alabama Farmers And Fishermens Market Inc
- Assets
- $7.4m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Foley, AL
- Founding
- 11/2014
- Data as of
- 09/2021
- EIN
- 46-4275442
Organization Overview
Coastal Alabama Farmers And Fishermens Market Inc is located in Foley, AL. The organization was established in 2014. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Alabama Farmers And Fishermens Market Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Coastal Alabama Farmers And Fishermens Market Inc generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.1% each year . All expenses for the organization totaled $630.2k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A PUBLIC FARMER'S AND FISHERMAN'S MARKET WHICH WILL EDUCATE THE PUBLIC, LESSEN THE BURDENS OF GOVERNMENT, LESSEN NEIGHBOROOD TENSIONS, AND COMBAT COMMUNITY DETERIORATION IN BALDWIN COUNTY BY PROVIDING A REGULAR FORUM FOR MEMBERS OF THE COMMUNITY TO LEARN ABOUT SUSTAINABLE FARMING AND FISHING PRACTICES, ORGANIC FOOD GROWTH AND PREPARATION, AND OTHER PROJECTS FOR THE EDUCATION OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAFFM WILL PROVIDE AND PROMOTE A LOCATION FOR LOCAL FARMERS AND FISHERMEN TO OFFER LOCAL FRUITS, VEGETABLES, SEAFOOD, AND NON-CERTIFIABLE AGRICULTURAL PRODUCTS FOR THE GENERAL PUBLIC AND COMMERCIAL ESTABLISHMENTS IN AN ENJOYABLE PLACE. OUR VENDORS, LOCAL FARMERS AND FISHERMEN, WILL ENSURE THE AVAILABILTY OF FRESH, HIGH QUALITY PRODUCE, ORGANIC BEEF, SEAFOOD AND OTHER DELICIOUS FOODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Steigerwald Secretary/treasurer | Officer | 2 | $0 |
Ralph Hellmich President | Officer | 0.5 | $0 |
J Wayne Trawick Vice President | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,631,800 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,631,800 |
| Total Program Service Revenue | $429,007 |
| Investment income | $808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,061,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,256 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,105 |
| Advertising and promotion | $9,589 |
| Office expenses | $6,904 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,368 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $90,491 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $283,617 |
| Insurance | $80,321 |
| All other expenses | $70,577 |
| Total functional expenses | $630,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,588 |
| Prepaid expenses and deferred charges | $600 |
| Net Land, buildings, and equipment | $7,095,591 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,376,298 |
| Accounts payable and accrued expenses | $19 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $634,235 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $634,254 |
| Net assets without donor restrictions | $280,688 |
| Net assets with donor restrictions | $6,461,356 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,376,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Federal-State Shipping Point Inspection Service Inc Albany, GA | $23,696,147 | $20,421,637 |
Farm Bureau Federation Mississippi Jackson, MS | $25,935,364 | $15,464,290 |
Montgomery Academy Inc Montgomery, AL | $22,347,255 | $11,005,286 |
Georgia Farm Bureau Federation Macon, GA | $39,904,441 | $13,619,773 |
Tennessee Farm Bureau Federation Columbia, TN | $127,985,651 | $12,173,337 |
Florida Farm Bureau Federation Gainesville, FL | $41,575,612 | $9,616,560 |
Agricenter International Inc Memphis, TN | $11,833,861 | $6,132,848 |
Southeast Produce Council Millen, GA | $7,110,033 | $5,998,694 |
United Food And Commercial Workers International Union Hermitage, TN | $1,044,868 | $3,906,250 |
United Food And Commercial Workers International Union Lakeland, FL | $1,227,147 | $3,715,232 |
Florida Thoroughbred Breeders Association Inc Ocala, FL | $6,294,766 | $2,891,430 |
Pearl River Central Water Asso Mcneill, MS | $11,980,127 | $2,091,662 |